FRIDAY 23/01/2015 SYSTEMS & INTRADAY

[Khalsa]

SYSTEMS FOR FRIDAY 23RD JANUARY 2015

Hi all,

Recap ….

Intraday wise …. I banked 29.75 points in ES today.

I have 2 longs in oil, 4 shorts in spoos and 2 swing positions open.

Onto today …

KP
None in play.

KTB
We have a KTB triggered at close on 06/01/2015.
It is now negated after DAY10.

KTS
We have a KTS5 triggered at close on 29/12/2014.
It is now negated after DAY4.

SYSTEM BDIP
We have a BDIP in triggered at close on 16/01/2015.
TODAY IS DAY4.

DAY1… We got a low of -16.50.
DAY2… We got a low of -11.50.
DAY3… We got a low of -8.00.
DAY4…

DDUD
We have a DDUD season triggered at close on 12/01/2015.
It is now negated after DAY7.

SYSTEMS TRIGGERED

ESL3 ND (KHC-5)
SHOULD GIVE A -3

ESHA

ESL4
WHICHEVER WAY IT TRENDS IT CAN GIVE AN INTRADAY PRINT <-10 OR >+10

ES96
UPSIDE USUALLY CONTAINED TO A +3, ANYMORE IS UNSUSTAINABLE, USUALLY GIVES -3 AS A MINIMUM

SYSTEM SPXL1
VERY ERRATIC SYSTEM IN TERMS OF HIGH/LOW/CLOSE. USUALLY IS A DOJI DAY WITHIN +5 / -5. TRADING > +5 USUALLY CLOSES POSITIVE, TRADING < -5 CLOSES NEGATIVE. THAT’S WHEN IT BECOMES A TRENDING SYSTEM

SPX96 (KHC-3)
MORE DOWNSIDE THAN UPSIDE, NORMALLY GIVES A MINIMUM OF -3 BUT OFTEN GIVES -5,-7, GOOD CHANCE OF -VE CLOSE, CHANCE OF A GAP DOWN OPEN, THEN TRENDING DOWN DAY, UPSIDE NOT VERY SUSTAINABLE ,NEVER CLOSED > 6.38 AND THAT WAS AN EXCEPTION.

Spoos closed at 2056.50 (basis Mar)

K+3 = 2059.50

K-3 = 2053.50

Conclusion

We have 1 KHC-3 & 1 KHC-5 SYSTEMS in play.

We have a BDIP DAY4 in play.

Plan your trade, trade your plan!

[MAURITIUS]

Short 2057.

lets see if the khc’s kick in.

[Khalsa]

So now KTB has negated and today also DDUD season.

Once again it looks like a plan is starting to formulate for downside.

We got the KTB negation last gasp also.

The key now is whether we print the -3/-5 and whether it holds and pings back up or breaks

Plan your trade, trade your plan!

[MAURITIUS]

Draghi’s response to the worry of hyperinflation was ‘well, have we seen any inflation yet?’ Reminds me of the Iraqi Information Minister who said The Americans were not in Baghdad….

[Khalsa]

Good morning all,

Well will today be a QE pollux day grind up SU or will they sell ahead of Greek elections?

2050/3/5 is that old area and now the  support area in RTH

Plan your trade, trade your plan!

[Khalsa]

Little diamond on OIL.

It will break, but which way?

SO although today is crooksday, looks like its going to be fun

Plan your trade, trade your plan!

[MAURITIUS]

Closed bets from last night for 5 points each.

[Qman]

Great stuff Dan – you’re on a roll

[Khalsa]

Khalsa wrote:

Good morning all, Well will today be a QE pollux day grind up SU or will they sell ahead of Greek elections? 2050/3/5 is that old area and now the support area in RTH

Gap down was < 3 points so now GFS today.

We printed a +6 and now a -7.25.

Low was 2049.25.

We are 2050 to the dot now.

Its all down to this 2050/3/5 area now. If it can break we should easily fall another 10 points

 

Plan your trade, trade your plan!

[Khalsa]

lol incase you are all wondering why we got a WCB then …. PMI worse than expected and reaction was BUY’EM

Plan your trade, trade your plan!

[Qman]

Where’s resistance Kman?

[Khalsa]

2058 Dan as it stands

Plan your trade, trade your plan!

[Qman]

Thanks Bob

[Khalsa]

lol Bob. Whos that then?

Plan your trade, trade your plan!

[Khalsa]

I get it, if Nigel = Dan, then Pal = Bob

Duh!

 

Plan your trade, trade your plan!

[Author]

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